Car sales are set to rise again this year, albeit at a slower pace, continuing a five-year recovery, boosted by Chinese and U.S. demand, IHS forecasts.
China is moving into the United States' backyard——but it's not clear if its Latin America investments are a negative for American interests.
2014 ranked as a horrible year for many countries, according to an index, with Venezuela topping the list as the most miserable place on Earth.
For the secretive hedge fund Elliott Management, this New Year's Eve will mark more than just the closing prices of its 2014 investments.
Argentina has accused Procter & Gamble of tax fraud and said it suspended its operations in the South American country.
CNBC's Kate Kelly reports Argentina's stock market plummeted over 8 percent on resignation rumors.
Argentina is now $2 billion overdue in payments to at least 2 sets of bondholders, reports CNBC's Kate Kelly.
He bashed rival funds such as Elliott Management, which has invested in Argentine bonds and held out for full payment, calling their behavior immoral.
CNBC's Kate Kelly, and Kyle Bass, Hayman Capital Management, discuss the brawl over Argentina's bond payment plan. And Bass reveals his stake in Argentine energy producer YPF Sociedad Anónima.
Judge Thomas Griesa said Argentina cannot change the debt's domicile after meeting with the country's counsel and debt holdouts on Thursday.
The federal judge overseeing Argentina's bond dispute called a hearing after creditors claimed Argentina was ignoring his past orders.
Jim Rickards, Senior Managing Director at Tangent Capital, discusses whether the Argentine government's move to service its defaulted debt in the country can resolve its default woes.
Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.
The court hearing over Argentina's debt situation has finished. CNBC's Dominic Chu reports the judge demands Argentina's misleading statements must stop.
Argentina's notices to the public regularly and systematically omit the vital obligations of the republic, Judge Griesa said, according to Reuters.
The ISDA on Friday effectively declared Argentina in default, which could trigger payments worth up to $1 billion on credit default swaps.
The International Swaps & Derivatives Association has declared Argentina is in fact in default in the dispute over its bond payments, reports CNBC's Morgan Brennan.
Liz Ann Sonders, Charles Schwab chief investment strategist, and CNBC's Kate Kelly, discuss if Argentina's default influenced Thursday's selloff.
The Economist Correspondent Haley Cohen provides insight to Argentina's second debt default in 13 years.
Argentina nears default, and somewhat counter-intuitively, debt defaults historically are good for a nation's stocks.